The Following Data Represent Selected Information from the Comparative Income

question 45

Multiple Choice

The following data represent selected information from the comparative income statement and balance sheet for Dunkin Company for the years ended December 31, 2011 and 2010: * 10,000 shares of common stock have been issued and outstanding since the company was established. They had a market value of $90 per share on December 31, 2010, and they were selling for $91.50 on December 31, 2011. Dividends of $6,000 were paid on the common stock each year. The dividend yield for Dunkin Company for 2011, was:

• A)6)56%.
• B)7)85%.
• C)7)50%.
• D)5)25%

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